(MCT)

(MCT)

McClatchy-Tribune News Service

Business Budget for Thursday, August 22, 2013

Updated at 8 a.m. EDT (1200 UTC)

This budget is now available on MCT Direct at http://www.mctdirect.com, with direct links to stories and art. See details at the end of the budget.

^TOP STORIES

^Universities look to online programs to navigate an uncertain future

^CPT-CMP-MOOCS-BIZPLUS:MI_

For comparison purposes, UF as a university has a total enrollment of about 50,000 a year.

In other ways, though, UF's MOOC _ and the track record of MOOCs in general _ is less impressive. With the courses generally offered free of charge (hence the "open" part of their title) some inevitably sign up simply out of curiosity, or because it allows them to listen to the lectures of big-name professors at far-away schools such as Harvard or MIT.

Students often have no real intention of doing the work. Completion rates are generally abysmal, with more than 90 percent of students dropping out.

The ongoing debate over MOOCs is a microcosm of America's higher education industry, which is now at an Internet-created crossroads. Across the country, online learning allows schools to expand their reach, but it is also threatening the traditional business model of how to deliver knowledge and also how much to charge for it.

2350 (with trims) by Michael Vasquez. MOVED

ILLUSTRATION

^Privacy takes back seat to jobs in drone debate

^DRONES-PRIVACY:SH_

Lured by the possibility of winning one of six Federal Aviation Administration test sites to integrate drones into the national airspace and the aerospace jobs that come with it, at least 16 states presented their credentials to the drone industry and the federal government at the recent Association for Unmanned Aerial Systems International, or AUVSI, conference in Washington, D.C.

Tougher privacy laws were seen as a non-starter for states wanting to attract drone jobs and win a test site.

600 by Maggie Clark. MOVED

PHOTO

^REAL ESTATE STORIES

^3 lessons learned from home flippers

^REAL-FLIPPER-LESSONS:FL_

Many who attend his monthly seminars around the area are learning the art of "flipping" _ buying properties at deep discount, fixing them up and reselling within a few months to traditional buyers.

Levinrad, 46, a South African native who says he's bought and sold more than 500 homes, shows aspiring investors how to do the math and where to find the deals.

650 by Paul Owers. MOVED

PHOTO

^Home buyers battle bidding wars

^REAL-BIDDINGWARS:MS_

With buyers outpacing sellers, the competition is fierce. How tough?

Redfin, a Web-based national real estate brokerage, said 63 percent of all deals involved multiple offers _ sometimes with 30 to 40 buyers slugging it out for the same house in some of the most sizzling-hot markets.

350 by Jim Buchta. MOVED

^SMALL BUSINESS STORIES

^Female business owners push into untraditional industries

^SMALLBIZ-WOMEN:RA_

Some women-owned businesses purposely remain small as their owners balance work and family, said Briles Johnson, director of Women's Business Center of North Carolina in Durham, N.C. But Johnson said she has seen more women going into nontraditional industries such as construction, engineering, life sciences and manufacturing _ one way that women-owned business could increase their economic impact.

The News & Observer spoke to three women who have built businesses in male-dominant industries.

950 by Virginia Bridges. MOVED

PHOTOS

^Startups have new resources for funding

^SMALLBIZ-FUNDING:SJ_

But aspiring Zucks are in luck: Entrepreneurs have a growing number of alternatives, from new online platforms for meeting investors to nascent federal "crowdfunding" rules that aim to let moms and pops back startups.

1100 by Peter Delevett. MOVED

^5 ways to expand business outside your primary market

^SMALLBIZ-EXPANSION:DA_

250 by Hanah Cho. MOVED

^MORE BUSINESS NEWS

^Today's market report

^MARKETS:MK_

600 by MarketWatch staff.

Moving later

^COLUMNS

^

These features regularly move on Thursdays:

^

^BOOK-TOPBIZ:MCT_

1200 words. (Moves once a month.)

^

^REAL-REALESTATE-QA:FL_

400 by Gary M. Singer. MOVED

^

^REAL-REDDIN-COLUMN:CH_

700 by Tom Reddin. (Moves once a month.)

^

^REAL-MORTGAGEPROFESSOR:MCT_

By Jack Guttentag.

Moving later

^

^CNS-CONFIDENTIAL:LA_

800 by David Lazarus.

Moving later

^PHOTO GALLERIES NOW OFFERED

MCT is now offering photo galleries for use on your websites and apps available at http://www.mctdirect.com/gallery/. In our stuffed photo gallery files you will find hand-picked groups of 10-20 hi-res jpgs, complete with slideshow-ready captions. For a limited time, these galleries are being offered as part of your MCT Photo subscription or are available for download a la carte. If you have content questions or suggestions, please contact the MCT Photo Desk at 202-383-6099 or mctphotohelp@mctinfoservices.com.

^NOW FROM MCT _ VIDEO

^

Through a partnership between MCT and NewsLook, we are offering videos to go with select stories. Budget lines with videos include links to a video preview and an embed code to use on your website. Use of this video is free to MCT clients. If you have questions or comments about this partnership, feel free to contact us at mct-video@mctinfoservices.com.

^

MCT News Service is available on our website, MCT Direct (http://www.mctdirect.com). Subscribers can access 30 days' worth of budgets with clickable links to stories and art; stories searchable by subject and category with links to images; and an easy-to-search archive of more than 1 million items _ stories, photos, graphics, illustrations, paginated pages and caricatures.

Subscribers who now receive the News Service via AP DataFeature can also have access to these Internet features. To obtain a user ID and password, please call Rick DeChantal at Tribune Content Agency, 1-866-280-5210, Ext. 4544 or e-mail rdechantal@tribune.com.

Some new Web browsers and add-ons to existing Web browsers that are designed to block pop-up advertising may conflict with a la carte purchasing on MCT websites. For more information on this problem and how to prevent it, please visit http://www.mctdirect.com/guide/use/blockpopups.php.

MCT Business Desk: Sarah Murray, 202-383-0001, smurray@mctinfo.com

MCT News Desk: 202-383-6080, news@mctinfoservices.com

MCT Photo Service: 202-383-6099, photo@mctinfoservices.com

MCT Graphics Network: 202-383-6064, graphics@mctinfoservices.com

___

2013, McClatchy-Tribune Information Services